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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph into a fluidic protest pulsating across the nation? People are mad and they really aren't likely to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people in the united states join the demonstration. Were you aware that this liberals who banded together as Occupy Wall Street planned a sit-in'a peaceful protest'against Wall Street, set for September 17 at noon? What began using a small group of unorganized citizens blossomed on October 1 into a presence of 800 about the Brooklyn Bridge, about half of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and lots of other places. According to New York City's Transit Workers Union president John Samuelson on Current Media's Countdown with Keith Olberman, TWU's 38,000 members plan to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept on the pedestrian walkways, but police opened the barriers between the walkways and the roadway, and packed protestors spilled in to the roadway, the location where the arrests happened. The protest has not been launched in New York simply because it plays you will find Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators a few weeks ago eliminated a tax on millionaires, allowing them to keep yet another $408 a week, normally. TWU workers, themselves members of the shrinking middle class, share exactly the same outrage as other citizens annoyed by this additional tax inequity. While just a couple TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their level of participation ratchets upward because the protest expands. Celebrities have added their voices, and likely that other trade groups, unions and citizen groups will observe suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country watched in horrified amazement and disbelief come early july as politicians wrangled long and hard over if they should raise the debt ceiling. What many of them came to understand was which our politicians were fighting over greater than the raising with the debt ceiling, that is done often before. The big issue was that this Republican-held Congress was with all the occasion being a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, in case your personal finances require you to pay any taxes whatsoever at year's end, you're paying over huge corporations like General Electric. The last time that this nation's wealthiest citizens locked down a lot of our wealth was at 1929'right up to they crashed to the Big Depression. According to Time Magazine's Why America Must Revive Its Middle Class by Jeffrey D. Sachs, the decades leading up on the depression were molded by right-wing politicians, and yes it was only the gains of World War II productivity that allowed the nation to pull itself up by its bootstraps. The Democrats' New Deal served being a sort of new-era covenant'a promise'how the government would never let a depression happen again. Wealthy Americans are set stubbornly against paying any further taxes, however. The day following the arrests, the head of Black Entertainment Television (BET) told Candy Crowley on CNN that they was certainly one of ten children who was raised in his family, the first one to go to college, anf the husband doesn't think he must have to pay anymore taxes as opposed to average guy. According to Sachs, the economy stumbled using the expansion of globalism inside Seventies, when Reagan took over in the Eighties, his idea was to slash taxes on corporations as well as the wealthy in lieu of seek ways to compete in a global marketplace. While the united states's beloved citizens enjoyed investment growth during those years, they did not create the brand new jobs that Reagan had promised his plan would bring. Instead of letting their accrued capital gains trickle down to the common man, crony capitalists just protected one another's interests and bought bigger yachts. I worked for an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 50 % to 38 percent. 'Oh, that's good,' he said, as well as the doctor and his awesome wife'plus their kids and parents'took a two-week trip to Hawaii, a visit they repeated annually in the years I worked on their behalf. We didn't get raises. It wasn't until Bill Clinton took on the White House within the Nineties that tax increases around the wealthy as well as about the middle class brought our national debt in order, and also the people that hated Clinton enjoyed relative prosperity. But with George Bush fils taking over within the new millennium, school was out. The richest yet again got the regulations they demanded, and entitlement programs were cut to ensure Bush could fund his war'a revenge for his father'against Iraq. And how did things go for the normal man? Early inside new millennium my husband stumbled on me with all the idea of selling our home and buying the one which cost around three times just as much. 'We can not afford that,' I told him. 'The bank says we can easily,' he insisted'he had already taken steps to get preapproved. Although I refused to sign on the dotted line, all kinds of other people aligned for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics located light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars a year. Why would someone in control of a government-sponsored enterprise haul in that huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising out of hand, were hit hard. The last president of Youngstown State University'a place where jobs have grown to be scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in a very complicated salary package, earning an undeterminable amount regarding his entertainment account alone at $35,000 each year. Blue Shield's CEO Bruce Bodaken, based on Duke Helfand in the Los Angeles Times, earned $4.6 million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million per year, and he does outright fuel the hatred involving the Republicans and the Democrats. What not enough people realize is always that today's Republican Party bears hardly any resemblance to the Republican Party of our own grandfathers. The Tea Party legislators have splintered the party, and so they've taken an unrelenting stance against tax increases. In the meantime, no jobs are being created and monetary instability is fast-becoming a global issue. According to Rana Foroohar in Time's A New Era of Volatility, countries like China and Brazil are succumbing for the woes incipient in a very booming economy: People are becoming more materialistic, and so they are demanding higher wages. There is more pressure to work with environmental care. I used to worry about planning to war with China's vast and well-oiled military machinery, in case your world's financial woes continue within this same direction, China could have its hands full taking care of itself. That's why everyone is frustrated. Obamacare won't reduce healthcare costs. The plan that the Clintons proposed inside Nineties or Hillary Clinton's proposal during her failed presidential campaign, there is little change reform healthcare if corporate heads of health care insurance organizations, pharmaceutical companies and healthcare providers disappear with such excessive salaries. According to Time's How We Spent, a sidebar to Sach's article, healthcare took 3 percent of our personal household budgets in 1950. Today it will take 16 percent. Amounts in our personal finances designed for food and housing have dropped by fifteen percent and 7 percent respectively. People are desperate, and legislators don't get it ' needing to buy shoes for kids, feed kids, or pay tuition or possibly a mortgage is hard these days. The government has run out of touch. There's more: Another Time sidebar tells us that sales at retailers like Tiffany & Co. or designer stores like Ralph Lauren where the wealthy shop are up 30 and 33 percent respectively. Spending in stores the place that the middle class shop, like Target and Kohl's, are up just 5 and 4 percent. Money that previously visited middle class retailers is gonna dollar stores, with increases of 11 to 16 percent on the last year. In the meantime, the catch is money concentrated in corporate wealth. The corporations outsource work overseas as well as the wealth earned stays over there. The right-wing media fail to publicize it simply because they buy into it. In addition, the government's humane programs are actually stripped to feed the huge military machine. So, perhaps spurred from the rabid interference of maybe altruistic however inept Tea Party legislators, we are around the verge of a true tea party, famous brands which we have not seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money several years ago, but they aren't doing almost anything to help individuals who need loans or those who are losing their houses. Now folks are determined to cut money away from corporate bank accounts along with the government's military machine, decrease political spending, and allocate it toward humane and environmental needs, healthcare, job creation, food and peace initiatives. Like the angry news anchor within the 1976 movie Network, people are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations with the Sixties. According to Joe Klein's Stuck within the Middle, also in Time, it seems like there's no other way except organized protests to obtain the attention in the people who will be doing the political posturing in Washington. Average guys are ready to quit sitting on the sidelines to make headlines'whatever it requires to make the politicians find out how desperate they are. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors inside your region? The opinions expressed listed below are mine and never necessarily Bright Hub's'that's why they're printed under my name. So I'm asking you to make use of the comments section below to acquire a frank, valid dialog visiting this site. What's going on within your area, and any idea what about it? |